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Automotive News Headlines - Yahoo! News
  • Big changes coming to Cuba tourism with US opening

    In this Dec. 19, 2014 photo, tourists sunbathe as a vendor sells kites decorated with Cuba's flag on a beach near Havana, Cuba. The easing of tourism regulations is a gamble for both the U.S. and Cuba. Obama said Wednesday that people-to-people travel was a way to “empower the Cuban people.” At the same time, a U.S. tourism surge could funnel sorely needed cash to a tourism industry run mostly by what Obama described Friday as “a regime that represses its people.” (AP Photo/Desmond Boylan)HAVANA (AP) — U.S. tourists are roaming the streets of Old Havana, listening to lectures on Art Deco architecture and meeting with jazz musicians. What they aren't doing yet — at least most of the time — is lounging in the sun and sipping mojitos at white-sand-beach resorts.




  • US stocks inch higher after a big two-day rally

    FILE - This Thursday, Oct. 2, 2014, file photo, shows the facade of the New York Stock Exchange. Major stock indexes are creeping higher on Friday, Dec. 19, 2014, as the market comes off a massive two-day rally spurred by the Federal Reserve's assurance that it was in no hurry to hike interest rates. (AP Photo/Richard Drew, File)NEW YORK (AP) — Oil and gas companies led the stock market up Friday, helping the Standard & Poor's 500 index notch its second-best week this year.




  • US stocks open mostly higher after a two-day rally
    NEW YORK (AP) — Stocks are opening mostly higher in the U.S. as the market comes off a massive two-day rally.

  • U.S. to sell final $1.25 billion shares of Ally Financial from bailout

    Ally Financial CEO Michael Carpenter gives an interview following his company's IPO on the floor of the New York Stock Exchange(Reuters) - The U.S. Treasury Department will sell its remaining 54.9 million shares of Ally Financial Inc acquired under the government's bailout of the auto lender, Ally said on Thursday. The stake is worth about $1.25 billion, based on Ally's Thursday closing price of $22.75 on the New York Stock Exchange. Separately, Ally said in a regulatory filing that it had received a subpoena from the Department of Justice for information related to its subprime automotive finance lending practices. ...




  • U.S. December auto sales seen up 10.4 percent: JD Power, LMC

    A Ford F-Series pickup truck is seen at Koons Ford in Silver SpringDETROIT (Reuters) - U.S. auto sales will end the year strongly, as December sales will be 10.4 percent higher than a year ago, JD Power & Associates and LMC Automotive said on Thursday.




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